Oil prices surge to highest level since 2022 as Trump mulls Iran blockade extension
- Posted on April 30, 2026
- By CNN
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- 1 min read
Oil prices surge to highest level since 2022 as Trump mulls Iran blockade extension
Oil prices surpassed $125 a barrel on Thursday morning, its highest price since 2022, as President Donald Trump mulls an extended blockade of Iranian ports.